The company is a developer of next-generation all-solid-state battery technology. Given these circumstances, would a list of the top EV battery stocks in the stock market todaybe of your interest? Best EV Battery Stocks To Watch Right Nowįirst and foremost, we have the hot newcomer in the EV space, Solid Power. In brief, Proterra has multiple partnerships where it supplies its battery technology to buses, trucks, and even forklifts. Elsewhere, commercial EV technology company Proterra ( NASDAQ: PTRA) went public earlier this year. These include the likes of Solid Power, which made its debut yesterday. With all said and done, this should not be a concern long term as we are slowly seeing the emergence of more EV battery companies. The comments came after the company halted customer reservations for its electric version of F-150 after it hit 200,000 units. Now, this is a statement that should not be taken lightly considering how big of an impact the shortage of semiconductor chips has affected the automotive industry. Yesterday, we also saw Ford’s ( NYSE: F) CEO, Jim Farley, saying that the company needs more batteries for its EVs than semiconductor chips.
With that said, demand for EV batteries could be skyrocketing. We saw the president setting a goal of more than 50% of vehicles sold in the country to be EVs by 2030. Well, even President Joe Biden is showing great support for the industry. The traction that the industry draws right now is because there is an immense growth in demand for electric vehicles.
Naturally, as EV trends continue to pick up momentum, the companies that provide one of the core components would also follow suit.
3 Trending EV Battery Stocks To Watch TodayĮlectric vehicle (EV) battery stocks have been a hot topic in the stock market over the past couple of years.
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